Paper 1

7/20/2019
Answer MIT "

sheet for - "Assignment-MOCK_Strategic Management (SMc) Scored: 100 / 100
Time taken: 9 Min , 6 Sec
1. The Learning school emphasises the development of creative ideas. (True/false)

The Learning school emphasises the development of creative ideas. (True/false)
2 / 2 Marks Correct
True
False 
 comments
2. Infusing a set of values into the organisation is the responsibility of the middle management and
other employees. (True/False)
Infusing a set of values into the organisation is the responsibility of the middle management and other
employees. (True/False)
2 / 2 Marks Correct
True
False 
 comments
3. Competitive environment helps an organisation to examine the competitive structure of industry

in which an organisation operates. (True/False)
Competitive environment helps an organisation to examine the competitive structure of industry in which
an organisation operates. (True/False)
2 / 2 Marks Correct
True
False 
 comments
4. Rare resources provide a temporary competitive advantage to an organisation. (True/False)

Rare resources provide a temporary competitive advantage to an organisation. (True/False)
https://lms.mitsde.com/index.php/component/tmt/#answersheet 1/22
7/20/2019 MIT
2 / 2 Marks Correct
True 
False
 comments
5. Expansion involves selling a portion of the organisation to a third party. selling a portion of the
organisation to a third party. (True/False)
Expansion involves selling a portion of the organisation to a third party. selling a portion of the
organisation to a third party. (True/False)
2 / 2 Marks Correct
True
False 
 comments
6. The advantage of late movers is face less risk as the market has already been developed and
product knowledge is widespread among customers. (True/False)
The advantage of late movers is face less risk as the market has already been developed and product
knowledge is widespread among customers. (True/False)
2 / 2 Marks Correct
True 
False
 comments
7. Strategy formulation requires motivational and leadership skills where as Strategy

implementation requires analytical and intuitive skills. (True/False)
Strategy formulation requires motivational and leadership skills where as Strategy implementation
requires analytical and intuitive skills. (True/False)
2 / 2 Marks Correct
True
False 
7/20/2019 MIT
 comments
8. Financial controllers help in operational controls including budgeting reporting and financial
analysis. (True/False)
Financial controllers help in operational controls including budgeting reporting and financial analysis.
(True/False)
2 / 2 Marks Correct
True 
False
 comments
9. The stewardship theory nullifies possible conflicts between managers and shareholders that
have been presumed by the agency theory. (True/False)
The stewardship theory nullifies possible conflicts between managers and shareholders that have been
presumed by the agency theory. (True/False)
2 / 2 Marks Correct
True 
False
 comments
10. Cultural differences act as an important element for the success or failure of an organisation.
(True/False)
Cultural differences act as an important element for the success or failure of an organisation.
(True/False)
2 / 2 Marks Correct
True 
False
 comments
11. Which one of the following options refers to an organisational mindset in which the
organisation makes decisions on the basis
https://lms.mitsde.com/index.php/component/tmt/#answersheet of its future goals and its current resources? 3/22
7/20/2019
Which MIT mindset in which the organisation makes
one of the following options refers to an organisational
decisions on the basis of its future goals and its current resources?
2 / 2 Marks Correct
True
False
Values
Strategic thinking 
 comments
12. Which of the following options refers/refer major criteria in strategic decision making?
Which of the following options refers/refer major criteria in strategic decision making?
2 / 2 Marks Correct
True
Pragmatic concept
Incremental concept
All of these 
 comments
13. Which element is considered by any organisation before starting its operations and making its
strategy?
Which element is considered by any organisation before starting its operations and making its strategy?
2 / 2 Marks Correct
True
Vision 
Mission
Direction
 comments
7/20/2019 MIT
14. Which of the following options forms the core of strategic management by building a framework
that provides a direction to achieve the organisational goals?
Which of the following options forms the core of strategic management by building a framework that
provides a direction to achieve the organisational goals?
2 / 2 Marks Correct
Mission
Strategic intent 
Direction
Vision
 comments
15. Which of the following factors can be controlled by the organisation?

Which of the following factors can be controlled by the organisation?
2 / 2 Marks Correct
External environment
Internal environment 
both a and b
None of these
 comments
16. Which approach is used for surveys and research studies for short-term information.
Which approach is used for surveys and research studies for short-term information.
2 / 2 Marks Correct
Systematic approach
Ad-hoc approach 
Processed-form approach
7/20/2019 All of these MIT
 comments
17. Identify which one of the following directly affects the organisation by influencing its routine
activities and operations?
Identify which one of the following directly affects the organisation by influencing its routine activities and
operations?
2 / 2 Marks Correct
Internal or micro environment 
External or macro environment
Both a and b
None of these
 comments
18. Which option refers to the process of identifying and analysing organisational resources and
helps to attain a competitive advantage?
Which option refers to the process of identifying and analysing organisational resources and helps to
attain a competitive advantage?
2 / 2 Marks Correct
Organisational capability
Internal analysis
External environment analysis
Resource Based View (RBV) organisational analysis 
 comments
19. Among the following options which strategies are also known as grand strategies or master
strategies?
Among the following options which strategies are also known as grand strategies or master strategies?
2 / 2 Marks Correct
7/20/2019 Functional-level strategies MIT
Corporate-level strategies 
Strategic-alliances
None of these
 comments
20. Which merger takes place when two or more organisations having different stages of business
in the same industry?
Which merger takes place when two or more organisations having different stages of business in the
same industry?
2 / 2 Marks Correct
Horizontal merger
Vertical merger 
Concentric merger
Conglomerate merger
 comments
21. At what stage in product life cycle an organisation creates product awareness among
customers to develop a market for the product?
At what stage in product life cycle an organisation creates product awareness among customers to
develop a market for the product?
2 / 2 Marks Correct
Introduction 
Maturity
Growth
Decline
 comments
7/20/2019 MIT
22. Which of the following options deals with the process of analysing determining and selecting a
specific strategy or a combination of strategies?
Which of the following options deals with the process of analysing determining and selecting a specific
strategy or a combination of strategies?
2 / 2 Marks Correct
Capability
Functional strategies
Strategic intent
Strategic choice 
 comments
23. Among the following which one is not a type of competitive strategy?
Among the following which one is not a type of competitive strategy?
2 / 2 Marks Correct
Cost leadership strategy
Cost focus strategy
Differentiation strategy
S-O strategy 
 comments
24. Idenify the strategy which helps the organisation in achieving a cost advantage in a small
market segment.
Idenify the strategy which helps the organisation in achieving a cost advantage in a small market
segment.
2 / 2 Marks Correct
Differentiation focus strategy
Differentiation strategy
Cost focus strategy 

7/20/2019 MIT
W-T Strategy
 comments
25. This is a process of translating the chosen strategy into an organisational action with an aim to
fulfil strategic goals and objectives. Identify from the the options.
This is a process of translating the chosen strategy into an organisational action with an aim to fulfil
strategic goals and objectives. Identify from the the options.
2 / 2 Marks Correct
Strategy implementation 
strategy formulation
strategy evaluation
None of these
 comments
26. An organisation may face the following barriers while implementing a strategy. Which is correct
options?
An organisation may face the following barriers while implementing a strategy. Which is correct options?
2 / 2 Marks Correct
Unclear communication
Inadequate support
Improper guidance
All of these 
 comments
27. Which structure is generally adopted by an organisation to carry out specific projects?
Which structure is generally adopted by an organisation to carry out specific projects?
2 / 2 Marks Correct
Functional structure
7/20/2019 Divisional structure MIT
Matrix structure 
Geographical structure
 comments
28. Among the following options which one include vertical and horizontal integration strategies?
Among the following options which one include vertical and horizontal integration strategies?
2 / 2 Marks Correct
Diversification strategies
Integration strategies 
Internationalisation strategies
Cooperative strategies
 comments
29. Which one of the following is the last step in the strategic management process and comes
after the formulation and implementation of strategy?
Which one of the following is the last step in the strategic management process and comes after the
formulation and implementation of strategy?
2 / 2 Marks Correct
Strategy formulation
Strategy implementation
Strategy evaluation 
None of these
 comments
30. Organisations use various types of controls while implementing strategies. Choose the correct
control before the strategy is implemented in the organisation from the given options.
7/20/2019
Organisations MIT strategies. Choose the correct control
use various types of controls while implementing
before the strategy is implemented in the organisation from the given options.
2 / 2 Marks Correct
Concurrent control
Preliminary control 
Feedback control
informal control
 comments
31. This control is required at the lower level of the management whereas informal control is
required at the higher level. Identify the correct option.
This control is required at the lower level of the management whereas informal control is required at the
higher level. Identify the correct option.
2 / 2 Marks Correct
Concurrent control
Informal control 
Feedback control
Formal control
 comments
32. Corporate governance lays down responsibilities of the which one of the following?
Corporate governance lays down responsibilities of the which one of the following?
2 / 2 Marks Correct
Board of directors and the management 
Supervisors
Functional foremen
All of these
7/20/2019
 comments MIT
33. There are how many basic corporate governance theories ?

There are how many basic corporate governance theories ?
2 / 2 Marks Correct
Two
Six
Four 
Five
 comments
34. In Agency theory the shareholders select managers. Which of following options are called as
agents?
In Agency theory the shareholders select managers. Which of following options are called as agents?
2 / 2 Marks Correct
short-term wealth maximisation
Long-term wealth maximisation 
Both a and b
None of these
 comments
35. In which year The stakeholder theory was developed?

In which year The stakeholder theory was developed?
2 / 2 Marks Correct
1930 
1960
1965
7/20/2019 1945 MIT
 comments
36. What are the choices available to the organisations for going global? Choose from the following
options.
What are the choices available to the organisations for going global? Choose from the following options.
2 / 2 Marks Correct
Exporting
Licensing
Joint ventures
All of these 
 comments
37. This refers to a plan that guides commercial transactions taking place between organisations in
different countries. Identify the correct option.
This refers to a plan that guides commercial transactions taking place between organisations in different
countries. Identify the correct option.
2 / 2 Marks Correct
Business strategy
Competancies
International strategy 
None of these
 comments
38. An organisation needs to implement international strategies because which of the following
reasons?
An organisation needs to implement international strategies because which of the following reasons?
2 / 2 Marks Correct
Unique Competencies
7/20/2019 MIT
Location Advantages
Experience Curve
All of these 
 comments
39. Which one of the following strategies is adopted when the need for global integration is low but
there is a great need for local market responsiveness?
Which one of the following strategies is adopted when the need for global integration is low but there is a
great need for local market responsiveness?
2 / 2 Marks Correct
Transnational strategy
Global strategy
Multi-domestic strategy 
none of these
 comments
40. Among the following options which type of knowledge is difficult to communicate with others
and includes intuitions and emotions?
Among the following options which type of knowledge is difficult to communicate with others and includes
intuitions and emotions?
2 / 2 Marks Correct
Explicit knowledge
Tacit knowledge 
Procedural knowledge
Collective knowledge
 comments
7/20/2019
41. __________ MIT fails to consider the ever-changing
school overemphasises the role of CEO and
conditions of the business environment
__________ school overemphasises the role of CEO and fails to consider the ever-changing conditions
of the business environment
1 / 1 Mark(s) Correct
Power
Cultural
Entrepreneurial
Design 
 comments
42. Exploration of alternatives and achieving organisational objectives in an exceptional manner

process involve in__________ decision making
Exploration of alternatives and achieving organisational objectives in an exceptional manner process
involve in__________ decision making
creativity 
rationality
volatility
different criteria
 comments
43. ____________________are divided into overall objectives divisional and departmental

objectives and individual and performance-based objectives.
____________________are divided into overall objectives divisional and departmental objectives and
individual and performance-based objectives.
Objectives 
Strategies
7/20/2019 Tactics MIT
Values
 comments
44. Objectives helps to define the relationship of the orgasization with its internal and
_______________________
Objectives helps to define the relationship of the orgasization with its internal and
_______________________
external strength
external weakness
external factors
external environment 
 comments
45. The core competency of an organisation is gained in either of the two ways ?
____________________or ______________________.
The core competency of an organisation is gained in either of the two ways ?____________________or
______________________.
customer capital structural capital
Huma capital customer capital
explicit knowledge tacit knowledge 
implicit knowledge conceptual knowledge
 comments
46. The internal environment consists of resources competencies and capabilities that depict the
____________ and _____________of the organisation.
7/20/2019
The MIT and capabilities that depict the
internal environment consists of resources competencies
____________ and _____________of the organisation.
capital and funds
resources and employees
opportunities and Threats
strength and weaknesses 
 comments
47. Internal factors represent the strengths and weaknesses of the organisation whereas external
factors represent_______________for and _____________to the organisation.
Internal factors represent the strengths and weaknesses of the organisation whereas external factors
represent_______________for and _____________to the organisation.
demography customes
dynamics nature
opportunities threats 
social legal
 comments
48. ___________________technique is used in the strategic management process to make long-

term plans for an organisation.
___________________technique is used in the strategic management process to make long-term plans
for an organisation.
Environment screening
Scenario planning 
ETOP
7/20/2019 SWOT MIT
 comments
49. _____________________and ____________________ of the Indian economy have influenced

local organisations to adopt these corporate strategies.
_____________________and ____________________ of the Indian economy have influenced local
organisations to adopt these corporate strategies.
Liberalisation and globalisation 
Capitalisation and Socialisation
Communism and privatisation
bureaucratisation and capitlisation
 comments
50. _______________________ is about gaining controlling interest in the business using money
borrowed from third parties.
_______________________ is about gaining controlling interest in the business using money borrowed
from third parties.
Change in ownership structure
Corporate control
Leveraged buy-outs 
Share repurchase
 comments
51. _______________ analysis provides a detailed understanding of organisational strengths and

weaknesses in comparison to organisational threats and opportunities.
_______________ analysis provides a detailed understanding of organisational strengths and
weaknesses in comparison to organisational threats and opportunities.
https://lms.mitsde.com/index.php/component/tmt/#answersheet 1 / 1 Mark(s) Correct 18/22

7/20/2019 MIT
SWOT 
TOWS
ILC
Timing tactics
 comments
52. Strategy formulation which is solely a responsibility of top management strategy

implementation needs the involvement of managers at the_______________.
Strategy formulation which is solely a responsibility of top management strategy implementation needs
the involvement of managers at the_______________.
Top level
Middle level 
Bottom-down level
Bottom-up level
 comments
53. _____________________helps in customer satisfaction as organisations can launch new

product earlier and deliver the products well on time
_____________________helps in customer satisfaction as organisations can launch new product earlier
and deliver the products well on time
Flexible manufacturing system
Business Process Reengineering
Cycle time reduction 
Value chain analysis
 comments
7/20/2019 MIT
54. ___________________Control refers to a control that is exercised before the strategy is

implemented in the organisation. It aims to control inputs such as human material and financial
resources of the organisation.
___________________Control refers to a control that is exercised before the strategy is implemented in
the organisation. It aims to control inputs such as human material and financial resources of the
organisation.
Concurrent control
Feed-forward 
Feedback
Feed-backward
 comments
55. _______________is the pre-determined budget of the net cash flows from operations before tax
and dividend
_______________is the pre-determined budget of the net cash flows from operations before tax and
dividend
Parta 
Catra
Matra
Satra
 comments
56. The ______________________ plays a prime role in evaluating the performance of an individual
in an organisation
The ______________________ plays a prime role in evaluating the performance of an individual in an
organisation
feedback system
7/20/2019 appraisal system MIT
reward system 
punishment system
 comments
57. The sociological theory also promotes equal ________________ opportunities in organisations.
The sociological theory also promotes equal ________________ opportunities in organisations.
employment 
participant
right
power
 comments
58. ___________________theory supports the view that managers are considerate of their personal
reputation and value their integrity.
___________________theory supports the view that managers are considerate of their personal
reputation and value their integrity.
Stakeholder
Sociological
Ownership
Stewardship 
 comments
59. An organisation is called ____________________________when it operates in at least two

countries.
An organisation is called ____________________________when it operates in at least two countries.
7/20/2019 MIT
Multinational Corporation (MNC) 
Multinational Group (MNG)
MultinationalStrategic Alliance (MNSA)
Multinational Group Companies (MNGC)
 comments
60. Most organisations have used the route of Greenfield investments or

______________________________.
Most organisations have used the route of Greenfield investments or
______________________________.
Takeover overseas
Merger overseas
acquisitions overseas 
Horizontal overseas
 comments
7/20/2019
Answer MIT
sheet for - "Assignment-MOCK_Research methodology and management decision (RMMDc)"
Scored: 100 / 100 Time taken: 6 Min , 39 Sec
1. Which test is used to study the mean and proportion of samples having a sample size of more
than 30?
Which test is used to study the mean and proportion of samples having a sample size of more than 30?
2 / 2 Marks Correct
Z-test 
T-test
Y-test
V-test
 comments
2. What is used to establish a correlation between two data sets that can be ranked?
What is used to establish a correlation between two data sets that can be ranked?
2 / 2 Marks Correct
Rating correlation
Rank correlation 
Specific correlation
None of these
 comments
3. What is another name for Mann-Whitney test?

What is another name for Mann-Whitney test?
2 / 2 Marks Correct
Y-test
X-test
7/20/2019 U-test  MIT
M-test
 comments
4. What can also be used to make comparisons between actual data and theoretical population?
What can also be used to make comparisons between actual data and theoretical population?
2 / 2 Marks Correct
Chi-square test 
Pie-square test
Chiz-square test
Kruskal-Wallis test
 comments
5. What refers to the universe from which the researcher takes samples?
What refers to the universe from which the researcher takes samples?
2 / 2 Marks Correct
Purpose
Population 
Layout
Measurement
 comments
6. Which type of report focusses on the findings and recommendations of the research?
Which type of report focusses on the findings and recommendations of the research?
2 / 2 Marks Correct
Popular report 
Technical report
7/20/2019 MIT
In-depth report
Sourced report
 comments
7. Judgment sampling is a type of:

Judgment sampling is a type of:
2 / 2 Marks Correct
Probability Sampling
Non-Probnbility Sampling 
Restricted Sampling
Unrestricted Sampling
 comments
8. The sampling type in which between In and nth element is selected to collect the ample is called:
The sampling type in which between In and nth element is selected to collect the ample is called:
2 / 2 Marks Correct
Convinience Sampling
Judgement Sampling
Snowball Sampling
Systematic Sampling 
 comments
9. Sampling errors can be reduced by:

Sampling errors can be reduced by:
2 / 2 Marks Correct
Proper division of sampling uriits
7/20/2019 Proper measuring device MIT
Increasing sample size 
Prop r sampling fmme
 comments
10. Which of the following is an example of statistical design?

Which of the following is an example of statistical design?
2 / 2 Marks Correct
Factorial design 
Randomized two group design
Solomon four-group design
Simulated bcfore-aftcr design
 comments
11. Descriptive studies should be flexible and free from bias.

Descriptive studies should be flexible and free from bias.
2 / 2 Marks Correct
TRUE
FALSE 
 comments
12. A representative sample helps in getting better and accurate results.

A representative sample helps in getting better and accurate results.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
7/20/2019 MIT
13. Concepts are mental perceptions and vary from a person to person.
Concepts are mental perceptions and vary from a person to person.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
14. In the natural method of observation a researcher observes the behaviour of people without any
intervention.
In the natural method of observation a researcher observes the behaviour of people without any
intervention.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
15. The questionnaires sent on email generally have a very poor response rate.
The questionnaires sent on email generally have a very poor response rate.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
16. Absolute frequency is the exact frequency given by the respondents.

Absolute frequency is the exact frequency given by the respondents.
2 / 2 Marks Correct
TRUE 
FALSE
7/20/2019
 comments MIT
17. Different types of errors may occur while testing a hypothesis.

Different types of errors may occur while testing a hypothesis.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
18. Two-way ANOVA is used when a researcher wants to test the differences between groups that
have been split on the basis of two attributes.
Two-way ANOVA is used when a researcher wants to test the differences between groups that have
been split on the basis of two attributes.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
19. Rank sum test is used to analyse rank form data and calculate the value of the rank sum.
Rank sum test is used to analyse rank form data and calculate the value of the rank sum.
2 / 2 Marks Correct
TRUE 
FALSE
 comments
20. A research report cannot be prepared by an analyst or researcher who is a part of the research
team.
A research report cannot be prepared by an analyst or researcher who is a part of the research team.
2 / 2 Marks Correct
TRUE
7/20/2019 MIT
FALSE 
 comments
21. Which type of qualitative research is frequently applied to study consumer behaviour in the
market?
Which type of qualitative research is frequently applied to study consumer behaviour in the market?
2 / 2 Marks Correct
Absolute research
Conducive research
Motivational research 
Trending research
 comments
22. Which is an observational research that is performed for the same purpose repeatedly over a
period of time on the same group of subjects?
Which is an observational research that is performed for the same purpose repeatedly over a period of
time on the same group of subjects?
2 / 2 Marks Correct
Latitudinal research
Longitudinal research 
Perpetual research
Connected research
 comments
23. Which factor is incongruous for selecting a research problem?

Which factor is incongruous for selecting a research problem?
2 / 2 Marks Correct
Inept resources 
7/20/2019 MIT
Relative importance
Novelty
Data availability
 comments
24. Which principle of research design reduces experimental error by making the experiment more
efficient?
Which principle of research design reduces experimental error by making the experiment more efficient?
2 / 2 Marks Correct
Principle of local control 
Principle of randomisation
Principle of replication
Principle of efficiency
 comments
25. In which type of sampling are the elements or units from the population selected on the
recommendation of experts in the field of research work that is being carried out?
In which type of sampling are the elements or units from the population selected on the recommendation
of experts in the field of research work that is being carried out?
2 / 2 Marks Correct
Purposive sampling
Snowball sampling
Judgement sampling 
Convenience sampling
 comments
7/20/2019
26. What MIT as knowledge opinion choices and
helps in measuring the elements of a concept such
feelings of respondents?
What helps in measuring the elements of a concept such as knowledge opinion choices and feelings of
respondents?
2 / 2 Marks Correct
Inferences
Indicators 
Concepts
Variables
 comments
27. What refers to the degree to which a measurement tool succeeds in measuring what is expected
to be measured?
What refers to the degree to which a measurement tool succeeds in measuring what is expected to be
measured?
2 / 2 Marks Correct
Variance
Viable
Volume
Validity 
 comments
28. Which approach of ranking scale provides a way to make comparisons among objects?
Which approach of ranking scale provides a way to make comparisons among objects?
2 / 2 Marks Correct
Rank order scale
Paired comparison 
Constant sum scale
7/20/2019 Continuous rating scale MIT
 comments
29. In which interview does the researcher ask questions according to the situation and
environment of the interview?
In which interview does the researcher ask questions according to the situation and environment of the
interview?
2 / 2 Marks Correct
Structured interview
Observation method
Situational method
Unstructured interview 
 comments
30. Which method presents an insight of the flow of information within a social group?
Which method presents an insight of the flow of information within a social group?
2 / 2 Marks Correct
Social media
Sociometric method 
Social chart
Sociomaking method
 comments
31. Under which observation method are people aware of their participation in the study but do not
have an idea about what aspects are being observed?
Under which observation method are people aware of their participation in the study but do not have an
idea about what aspects are being observed?
2 / 2 Marks Correct
Contrived method 
7/20/2019 MIT
Connived method
Construed method
Collude method
 comments
32. Which type of error would occur if the respondent remembers distant events as being more
recent than they are?
Which type of error would occur if the respondent remembers distant events as being more recent than
they are?
2 / 2 Marks Correct
Static telescoping
Forward telescoping 
Backward telescoping
Recall loss
 comments
33. What characteristic of a questionnaire states that questions must be to the point?
What characteristic of a questionnaire states that questions must be to the point?
2 / 2 Marks Correct
Typeface
Incomplete entries
Precision 
Anonymity
 comments
34. Which type of questions should be excluded from the questionnaire?

Which type of questions should be excluded from the questionnaire?
7/20/2019 MIT
2 / 2 Marks Correct
Non-leading questions
Non-jargon questions
Good questions
Leading questions 
 comments
35. In which type of data analysis are the distribution patterns and characteristics of different types
of variables analysed?
In which type of data analysis are the distribution patterns and characteristics of different types of
variables analysed?
2 / 2 Marks Correct
Descriptive analysis 
Inferential analysis
Quality analysis
Gantt chart
 comments
36. Which error is also known as the first kind of error or false positive?
Which error is also known as the first kind of error or false positive?
2 / 2 Marks Correct
Type II errors
Type I errors 
Type III errors
Type IV errors
 comments
7/20/2019 MIT
37. What is a step-by-step process that starts with the formulation of a hypothesis and ends with
decision making?
What is a step-by-step process that starts with the formulation of a hypothesis and ends with decision
making?
2 / 2 Marks Correct
One-tailed test
Hypothesis testing 
Questionnaire testing
Two-tailed test
 comments
38. Which errors occur when the researcher accepts a null hypothesis that should have been
rejected?
Which errors occur when the researcher accepts a null hypothesis that should have been rejected?
2 / 2 Marks Correct
Type I errors
Type III errors
Type IV errors
Type II errors 
 comments
39. In which test does a researcher compare the tests for deviation from that value and mean of a
sample to a pre-specified value?
In which test does a researcher compare the tests for deviation from that value and mean of a sample to
a pre-specified value?
2 / 2 Marks Correct
Two-sample test
Three-sample test
7/20/2019 One-sample test  MIT
Four-sample test
 comments
40. Hypothesis testing can be divided into how many parts?

Hypothesis testing can be divided into how many parts?
2 / 2 Marks Correct
Three
Two 
Four
Five
 comments
41. ________ is a process of collecting analysing and interpreting relevant information about any
topic.
________ is a process of collecting analysing and interpreting relevant information about any topic.
Research 
Collection
Data storing
Scrutinising
 comments
42. ___refers to the symptom of a problem that requires a business decision.

___refers to the symptom of a problem that requires a business decision.
Management symptom
7/20/2019 Management delivery MIT
Management dilemma 
Management determination
 comments
43. ___research involves observing variables over an extended period of time.

___research involves observing variables over an extended period of time.
Variable
Observatory
Investigative
Longitudinal 
 comments
44. ___refers to the activity of selecting a subset of units from an entire population for conducting
research.
___refers to the activity of selecting a subset of units from an entire population for conducting research.
Pro data
Sampling 
Feedback
Grading
 comments
45. ___means using a yardstick to determine the characteristics of a physical object.

___means using a yardstick to determine the characteristics of a physical object.
7/20/2019 Benchmark MIT
Measurement 
Sampling
Frequency
 comments
46. The measurement tool is also known as_____.

The measurement tool is also known as_____.
binary tool
value tool
scaling tool
assessment tool 
 comments
47. A process of systematic viewing coupled with a recording of the observed phenomenon is
known as____.
A process of systematic viewing coupled with a recording of the observed phenomenon is known
as____.
observation method 
socio method
interview method
lookout method
 comments
7/20/2019
48. ___ MITrelevant sources for finding answers to
is the process of collecting information from all the
the research problem.
___ is the process of collecting information from all the relevant sources for finding answers to the
research problem.
Evaluation
Data tabulation
Data collection 
Factor analysis
 comments
49. The design of a____determines the success of data collection.

The design of a____determines the success of data collection.
secondary data
social group
questionnaires 
surveys
 comments
50. The development of a questionnaire is a___and labourious process.

The development of a questionnaire is a___and labourious process.
simple
complex 
technical
facile
7/20/2019
 comments MIT
51. The data collected through interval-scale and closed-ended questions is an example of__data.
The data collected through interval-scale and closed-ended questions is an example of__data.
precoded 
postcoded
tricoded
intercoded
 comments
52. __is a process of converting raw data into a form which is fit for analysis.
__is a process of converting raw data into a form which is fit for analysis.
Data mining
Data structure
Data phishing
Data processing 
 comments
53. ___tests are used when one does not have adequate information about population type and
parameters.
___tests are used when one does not have adequate information about population type and parameters.
Non-parametric 
Parametric
Hypothesis
7/20/2019 Variance MIT
 comments
54. __is considered one of the easiest non-parametric tests.

__is considered one of the easiest non-parametric tests.
Rank test
Sign test 
Rating test
Chi-square test
 comments
55. ____is the estimated cost to conduct the research.

____is the estimated cost to conduct the research.
Budget 
Blueprint
Constraints
Cash flow
 comments
56. ___is a process to document each and every step involved in the research process.
___is a process to document each and every step involved in the research process.
Tabulation
Report writing 
Gantt chart
7/20/2019 MIT
PERT analysis
 comments
57. A person who carries out academic or scientific research is known as a/an________.
A person who carries out academic or scientific research is known as a/an________.
scholar
savant
researcher 
intellectual
 comments
58. The research conducted in which some variables of interest are manipulated to observe their
effects on other variables is known as ____________.
The research conducted in which some variables of interest are manipulated to observe their effects on
other variables is known as ____________.
Casual study
Repetitive study
Experimental study 
Variable study
 comments
59. The classification of qualitative questions is known as _________.

The classification of qualitative questions is known as _________.
Statistics of attributes 
7/20/2019 Statistics of variables MIT
Statistics of data
Statistics of credits
 comments
60. When the value of the upper limit is not included in the class magnitude it is known
as__________.
When the value of the upper limit is not included in the class magnitude it is known as__________.
Inclusive class intervals
Lower class intervals
Mid-class intervals
Exclusive class intervals 
 comments

Paper 1

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Paper 1

Uploaded by

Copyright:

Available Formats

7/20/2019

Answer MIT "

1. The Learning school emphasises the development of creative ideas. (True/false)

3. Competitive environment helps an organisation to examine the competitive structure of industry

4. Rare resources provide a temporary competitive advantage to an organisation. (True/False)

7. Strategy formulation requires motivational and leadership skills where as Strategy

15. Which of the following factors can be controlled by the organisation?

Internal or micro environment 

External or macro environment

External environment analysis

Resource Based View (RBV) organisational analysis 

Cost leadership strategy

Cost focus strategy

Differentiation focus strategy

Cost focus strategy 

Board of directors and the management 

33. There are how many basic corporate governance theories ?

short-term wealth maximisation

Long-term wealth maximisation 

35. In which year The stakeholder theory was developed?

42. Exploration of alternatives and achieving organisational objectives in an exceptional manner

43. ____________________are divided into overall objectives divisional and departmental

customer capital structural capital

Huma capital customer capital

explicit knowledge tacit knowledge 

implicit knowledge conceptual knowledge

capital and funds

resources and employees

opportunities and Threats

strength and weaknesses 

48. ___________________technique is used in the strategic management process to make long-

49. _____________________and ____________________ of the Indian economy have influenced

Liberalisation and globalisation 

Capitalisation and Socialisation

Communism and privatisation

bureaucratisation and capitlisation

Change in ownership structure

51. _______________ analysis provides a detailed understanding of organisational strengths and

https://lms.mitsde.com/index.php/component/tmt/#answersheet 1 / 1 Mark(s) Correct 18/22

52. Strategy formulation which is solely a responsibility of top management strategy

53. _____________________helps in customer satisfaction as organisations can launch new

Flexible manufacturing system

Business Process Reengineering

Cycle time reduction 

Value chain analysis

54. ___________________Control refers to a control that is exercised before the strategy is

59. An organisation is called ____________________________when it operates in at least two

Multinational Corporation (MNC) 

Multinational Group (MNG)

MultinationalStrategic Alliance (MNSA)

Multinational Group Companies (MNGC)

60. Most organisations have used the route of Greenfield investments or

3. What is another name for Mann-Whitney test?

7. Judgment sampling is a type of:

9. Sampling errors can be reduced by:

Proper division of sampling uriits

Increasing sample size 

Prop r sampling fmme

10. Which of the following is an example of statistical design?

Randomized two group design

Solomon four-group design

Simulated bcfore-aftcr design

49. _and of the Indian economy have influenced